Leona Helmsley’s Greenwich Estate Sells For $35 Million

October 7, 2010

The late Leona Helmsley’s Greenwich, CT estate, dubbed Dunnellen Hall, has sold for a mere $35,000,000; a whopping $90,000,000 price cut from its initial listing price. If you recall, the 40+ acre estate was first put on the market for a hefty $125 million back in April of 2008. The home then went through numerous price reductions and was recently listed at $55,000,000 earlier this year. The 22,000 square foot, 28-room mansion was built in 1918 and boasts 14 bedrooms, 17 bathrooms, large reception hall with 86-foot gallery, exquisite gardens, 75-foot outdoor swimming pool, pool house and tennis court. Greenwich is a very desirable area, so to know that a home of this magnitude sold for much less than it’s original asking price should be a lesson to all the other “mega mansion” homeowners out there (Candy Spelling, Suzanne Saperstein and David Siegel). I wonder who bought it?

That selling price does not surprise me. $125M was laughable. The original asking price got notoriety for the place, but that’s it. I wonder how much those astronomical asking prices are simply ways of getting free publicity for the real estate agents…?

Mel Gibson’s place selling for $24M was definitely a sign of the discount this place would need in order to sell. I just hope it’s not torn down and replaced with something new and beige.

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Daniel

I forgot the home was still on the market. Just goes to show that Kristen Stewart was right in Panic Room:

“It’s not Barney’s mom; you don’t have to pay the price on the tag.”

I too hope it is salvaged and not replaced with something unnecessary.

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Kenny Forder

haha, good quote!

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Kieran

Such a beautiful home! And beautiful shot of it here Kenny!
To think that they were asking $125mil…

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Venom

I have to say, the price is quite good for the type of home and the area.

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Marie

I agree.

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KEV

Wonder what the subdividing possibilities are? For that price, you could keep the house and grounds immediately surrounding it, like say, 15 acres, then add a few large lots and sell them for millions. I truly hope they don’t bulldoze this place, even though some of the pics I saw when it first hit the market were pretty dated looking, at least for a few of the rooms. But with that gallery, the chimneys and that brick work, I say let the old girl keep standing for another century. Not many like this place left out there. I agree that Suzanne and Candy need to slash their prices by half. As far as David Siegel, by 80%. Or bulldoze that oversized box into Lake Butler and sell the lots.

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george

Kev there are 6 lots total. The main house is on 9.16 acres .

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Tay

I’m pretty sure it’s going to be subdivided and yes this is a bargain considering that these lots should fetch premium prices because that is one of the highest and best view lots in town..

I sure as Hell hope you’re all categorically WRONG about the house being torn down!!! Can’t imagine that in my worst nightmares. While the house is not my favorite style at all, there’s no denying that it is a TRULY magnificent example of English Tudor, and an almost-state-registered-historic home, too. But, I most reluctantly admit that in this seemingly hopeless F’ed up day & age, I GREATLY FEAR that horrible scenario is more possible than I’d ever “nightmare” (replacing “dream”) of! ULTRA-sensitive here to that unthinkable possibility due to the ghastly amount of equally magnificent mansions that’ve been torn down in my neck of the woods (the Grosse Pointes) for the past 60 years now. GOD FORBID!

Also, as far as your comment KEV, about the house looking “tired”, I honestly cannot imagine that you’ve seen the same pics of the house that the rest of the world has! Every room I saw in all the pics looked impeccable from ceiling to floor! I’ve also read that the kitchen & bathrooms are possibly in need of renovation. However, while I never met the Queen of Mean, but with as PSYCHO as she was about the condition of all of her & Harry Helmsley’s trophy properties in Manhattan, do you actually think she would’ve EVER let her personal HOME ever get run down or MUCH less, nasty?? If I had any money to bet, I KNOW I wouldn’t lose any of it, and would make some if you talked to any of her staff from Dunnellen Hall, and asked ’em if the Bitch EVER let one inch of that castle get even SLIGHTLY DUSTY.

BUT, if the unthinkable actually DOES happen, I say we ALL TRACK DOWN THE F*CKS who did it, with pitchforks, muskets, and torches, ala Frankenstein and FORCE ‘EM to live in that monstrosity in Atlanta that Larry Dean built & just sold to Tyler Perry (forgot the name of that hot mess).

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Venom

I agree, something needs to be done about these idiots that tear down homes like this.
It makes me sick.

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